Kiran Jani, Head of Technical Research at Jainam Broking, on Friday selected shares of two power distribution companies as his preferred picks from the mentioned space. "From this sector, we like Tata Pwer Company Ltd and Adani Power," Jani told Business Today TV.
Tata Power share price: The stock rose 2.84 per cent to touch its lifetime high of Rs 444.10. It was last seen trading 2.15 per cent higher at Rs 441.15 in late morning deals today. At this price, the multibagger stock has soared 123.88 per cent in the past one year.
Hindustan Copper share price: The stock jumped 5.32 per cent to hit its one-year high level of Rs 377.10 in Friday's trade. It was last seen trading 1.27 per cent higher at Rs 362.60. At this price, the multibagger scrip has gained 259.51 per cent in the past one year.
HDFC Bank share price: The stock rose 1.71 per cent to hit a day high of Rs 1,554. At this price, it has moved 8.91 per cent higher in seven trading sessions.